Devising a Corporate Facility Location Strategy to Maximize Shareholder Wealth
Chris Manning (),
Mauricio Rodriguez () and
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Chris Manning: School of Business Administration Loyola Marymount University Los Angeles, CA 90045, http://www.lmu.edu/
Journal of Real Estate Research, 1999, vol. 17, issue 3, 321-340
Location decisions should consider all related impacts upon a firmâ€™s shareholder wealth. Overall, firm cost savings available at alternative locations need to be carefully examined in addition to a locationâ€™s impact on corporate sales revenues. This article reviews relevant literature, discusses recent location decision considerations for several companies and empirically tests a model seeking to measure the impact corporate relocation decisions have upon shareholder wealth. In addition, a classification and listing of corporate location considerations is put forth to supplement the anecdotal illustrations discussed herein. Together these represent a "primer" for professionals and executives involved in corporate facility location decisions.
JEL-codes: L85 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:jre:issued:v:17:n:3:1999:p:321-340
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